Industrialisation and Protest Flashcards
what made the industrial revolution possible
Thomas Newcomen’s steam engine 1712
proto-type for steam powered factories
spinning jenny 1770 revolutionised textiles
why was the growth in banking a cause of the industrial revolution
financial transaction easier and safer
clear way to manage mone-growth on national scale
source of capital
loans on machinery (esp cotton)
how many bankers were there in 1808
800 banks
what were county banks allowed to do in 1797
paper currency
give an example of a big bank in london
Goldsmiths
what was a joint stock bank
owned by several people
allowed growth on national scale
cap on them in 1826
what did the gov allow joint stock banks to do in 1833
issue cheques
draw them out at any bank
how many stock banks were there in 1866
154 joint stock banks
850 branches
numbers which show how the bank loan for textile machinery allowed it to grow
1833 £500 million+ employed 833,000
what sped up the process of cotton spinning
Arkwright’s water frame 1769
Cromptons spinning mule 1779
how did banks help the landed gentry
could invest in building railways+docks to help trade
a new industrial middle class
1816-1831 increased by 75%
214,000+
created ‘master and servant’ relationship-fuelled later social movements
north/south divide
counties used to have economic power-provided food
industry moved areas wi better transport+coalfields
which areas of Britain had coalfields
midlands, clyde valley + North
what did area of work did each part of the country specialise in
NW= textile
NE=mining
midlands=engineering
south=agrarian-still important for food
farming tech
Andrew Meikles Threshing machine 1789
population growth in cities
1750 2 cities wi pop 50,000+
1851 29
London 2.3 million
why was there an increase in population growth in cities
road improved
rail networks
people moved near factories where they worked
Manchester, Leeds Bham
living conditions in industrial towns
back to backs dark respiratory problems 1801 2/3 B'ham in B2B 1831 cholera outbreak 32,000
what attitude did the gov have toward the economy
laissez faire
what was the combinations act and how does it show gov attitude toward industrial development
1799-1800
illegal to form trade union
didn’t want a revolution of workers
servant act 1823 and what does it show about government
failure to fill contract of work was a crime
could go to prison
stop people from taking industrial action